/KASE, March 26, 2025/ – National Company "KazMunayGas" JSC (KASE
ticker – KMGZ) has announced the following:
quote
Joint-stock National Company KazMunayGas ("KMG" or Company), Kazakhstan's
national oil and gas company, published its consolidated financial statements
prepared in accordance with International Financial Reporting Standards (IFRS)
for 2024 with an independent auditor's report.
Key financial indicators for 2024* compared to 2023:
- Revenue amounted to 8,330 bln tenge (USD 17,750 mln) compared to 8,320
bln tenge (USD 18,236 mln);
- EBITDA amounted to 2,001 bln tenge (USD 4,264 mln) compared to 2,007 bln
tenge (4,398 mln);
- The Company's net profit including share in income of joint ventures and
associates amounted to 1 094 bln tenge (USD 2,332 mln) compared to 927 bln
tenge (USD 2,031 mln);
- Net profit adjusted for share in profit of joint ventures and associates**
amounted to 1,264 bln tenge (USD 2,694 mln) compared to 1,012 bln tenge
(USD 2,219 mln);
- Free cash flow amounted to 1,199 bln tenge (USD 2,555 mln) compared to
984 bln tenge (USD 2,157 mln);
- Gross debt as of 31 December 2024 amounted to 3,967 bln tenge (USD 7,555
mln) compared to 3,757 bln tenge (USD 8,265 mln) as of 31 December 2023;
- The Company's net debt as of 31 December 2024 was at 1,163 bln tenge
(USD 2,214 mln) compared to 1,645 bln tenge (USD 3,620 mln) as of 31
December 2023.
* The amounts were converted to US dollars for user convenience at average
exchange rates for respective periods (average USDKZT for 2024 and 2023 were
at 469.31 and 456.21 respectively; end-of-period USDKZT as of 31 December
2024 and 31 December 2023 were at 525.11 and 454.56 respectively).
** Net profit adjusted for share in profit of joint ventures and associates =
Net profit plus dividends received from joint ventures and associates, minus
share in profit of joint ventures and associates.
unquote
Full version of the press release in Russian –
https://kase.kz/files/emitters/KMGZ/kmgz_relizs_200325_1.pdf
Full version of the press release in English –
https://kase.kz/files/emitters/KMGZ/kmgz_relizs_200325_en.pdf
[2025-03-26]